712 W Manhatton Dr
TempeAZ85282
Cheap Homes for Rent in Tempe, AZ from $600 (115 Rentals)
Search the lowest-cost Homes available for rent right now in Tempe.
820 W 14th St
TempeAZ85281
328 E Dunbar Dr
TempeAZ85282
1345 E Orange St
TempeAZ85281
3300 S Terrace Rd
TempeAZ85282
1939 E Concorda Dr
TempeAZ85282
505 W Howe St
TempeAZ85281
2610 S Ventura Dr
TempeAZ85282
1939 E Concorda Dr
TempeAZ85282
1630 E 12th St
TempeAZ85281
From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.
1630 E 12th St
TempeAZ85281
1630 E 12th St
TempeAZ85281
1409 S Mill Ave
TempeAZ85281
907 E Broadmor Dr, Unit Room #1 Twin
907 E Broadmor Dr
TempeAZ85282
1630 E 12th St
TempeAZ85281
931 S Casitas Dr
TempeAZ85281
700 W University Dr, Unit 125
700 W University Dr
TempeAZ85281
407 W Howe St
TempeAZ85281
407 W Howe St
TempeAZ85281
1215 E LEMON St, Unit Lemon R
1215 E LEMON St
TempeAZ85281
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$9992 Bedroom Apartments Available Now
58 N May, Unit 101
58 N MayMesa, AZ 85201
149 N Phyllis
MesaAZ85201
1007 N Scovel St
TempeAZ85288
804 W 2nd St
TempeAZ85281
2323 S College Ave
TempeAZ85282
1333 W 5th St
TempeAZ85281
524 W Howe St
TempeAZ85281
2019 N 49th St
PhoenixAZ85008
330 S Beck Ave
TempeAZ85281
1405 S Newberry Ln
TempeAZ85281
Your Essential Local Experts Phoenix Relocation Guide: Housing, Utilities, and Local Tips
Your complete checklist for relocating to the Phoenix metro area. Easily navigate housing, set up electricity and gas with provider links, handle vehicle registration, and learn local regulations.
6429 E Thomas Rd, Unit Diamante
6429 E Thomas Rd
ScottsdaleAZ85251
200 E Southern Ave, Unit 231
200 E Southern Ave
TempeAZ85282
1049 E Weber Dr
TempeAZ85288
6637 E Cheery Lynn Rd
ScottsdaleAZ85251
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$1,1002 Bedroom Apartments Available Now
4900 E Culver St, Unit 9
4900 E Culver StPhoenix, AZ 85008
330 S Beck Ave, Unit 224
330 S Beck Ave
TempeAZ85281
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$1,1662 Bedroom Apartments Available Sep 16
602 North May-SI FL1-ID1625719P, Unit SI FL1-ID1625719P
602 N MayMesa, AZ 85201
4487 E Wood St
PhoenixAZ85040
4524 E Pueblo Ave
PhoenixAZ85040
200 E Southern Ave
TempeAZ85282
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.
3434 E Baseline Rd
PhoenixAZ85042
2220 W Dora St
MesaAZ85201
4425 E Wood St
PhoenixAZ85040
1978 E Don Carlos
TempeAZ85281
225 N Standage
MesaAZ85201
530 S Alma School Rd
MesaAZ85210
530 S Alma School Rd
MesaAZ85210
530 S Alma School Rd
MesaAZ85210
313 E Riviera Dr
TempeAZ85282
4037 S 44th Way
PhoenixAZ85040
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Tempe, AZ Local Guide
How much does it cost to rent a home in Tempe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tempe 2 Bedroom Homes for Rent | $1,921 | $975 | $6,500 |
| Tempe 3 Bedroom Homes for Rent | $2,714 | $650 | $10,000+ |
| Tempe 4 Bedroom Homes for Rent | $3,498 | $1,990 | $10,000+ |
| Tempe 5 Bedroom Homes for Rent | $5,095 | $725 | $10,000+ |
| Tempe 6 Bedroom Homes for Rent | $2,423 | $725 | $3,699 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Tempe
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Tempe, AZ Local Guide
- Tempe Neighborhoods
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Cheapest Neighborhoods for Apartments in Tempe, AZ
Pricing Updated: 09/13/2026Current apartment rentals in the Tempe, AZ area range in price from $600 to $8,500 with an overall median price of $2,368. The three Tempe neighborhoods with the lowest median rent pricing are Apache at $1,999, Guadalupe at $2,185, and Tally Ho Farms Raintree at $2,300. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Tempe Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Apache | $1,999 | $725 | 46 |
| Guadalupe | $2,185 | $1,699 | 13 |
| Tally Ho Farms Raintree | $2,300 | $1,795 | 23 |
| Alameda | $2,367 | $600 | 241 |
| West Chandler | $2,387 | $1,550 | 79 |
| South Tempe | $2,400 | $725 | 94 |
| The Lakes | $2,500 | $600 | 125 |
Cheapest Available Tempe Apartments for Rent
The cheapest available apartment rental in Tempe, AZ is a Studio unit found at Valencia Park in the South Phoenix neighborhood priced from $750. Manhatton in the South Phoenix neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Tempe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valencia Park | Sonoma | Studio,1BA | $750 |
| Manhatton | 1/1 | 1BR,1BA | $750 |
| Aster on University | S1 C | Studio,1BA | $799 |
| 4837 E Willetta St. | 1BR/1.0BA | 1BR,1BA | $799 |
| Scottsdale 59 | Roanoke Premier | Studio,1BA | $825 |
| Yugo Tempe Villas | 2 Bed, 2 Bath | 2BR,2BA | $829 |
| The Mod at Mills | S1 | Studio,1BA | $849 |
| Sono Tempe | Olsen | Studio,1BA | $864 |
| Terrasol | A1 | 1BR,1BA | $864 |
Best Value Apartments for Rent in Tempe, AZ
As of September 13, 2026 the best value apartment in the Tempe area is the $0.43 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $799. The second greatest value Tempe apartment is the 1225 S Maple Ave Model at 1225 S Maple Ave, Unit A starting at $2,300 with a $1.28 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Tempe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts on 8th | Student Housing | Furnished Townhome | 4BR,4.5BA | $0.43 |
| 1225 S Maple Ave, Unit A | 1225 S Maple Ave | 2BR,1BA | $1.28 |
| 2402 E 5th St, Unit 1618 | 2402 E 5th St | 4BR,3BA | $0.43 |
| Rise Valley Heights | B1 Bronze | 2BR,2BA | $1.26 |
| SoL | 2BR/2BA - Golden Cove | 2BR,2BA | $1.18 |
| Yugo Tempe Villas | 2 Bed, 2 Bath | 2BR,2BA | $0.91 |
| Sago Gardens | Single Story | 2BR,1BA | $1.21 |
| Galaxy Estates | 2 Beds, 1 Baths | 2BR,1BA | $1.28 |
| Scene 1 Condos | 2BR/1.0BA | 2BR,1BA | $1.16 |
| 4837 E Willetta St. | 1BR/1.0BA | 1BR,1BA | $1.23 |
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Tempe, AZ
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Tempe
What type of rentals are currently available in Tempe?
There are currently 1185 Apartments for Rent in Tempe, AZ with pricing that ranges from $649 to $28,681. There are also 757 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tempe ranging from $600 to $29,995.
What is the current price range for Rental Homes in Tempe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Tempe ranges from $600 to $29,995 with an average monthly rent of $2,731.
How much are larger Three and Four Bedroom Rentals in Tempe?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Tempe range from $775 to $19,002, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $14,995. Four Bedroom Single-Family rentals are also available starting from $1,990 and Four Bedroom Apartments start at $650.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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